新风光：前三季度净利润同比下降33.54%

Core Viewpoint - The company reported a significant decline in both revenue and net profit for the third quarter of 2025, primarily due to market reforms in the new energy sector affecting customer project timelines and pricing pressures on products [1] Financial Performance - The company's third-quarter revenue was 347 million yuan, a year-on-year decrease of 28.75% [1] - Net profit for the third quarter was 22.86 million yuan, down 50.39% year-on-year [1] - For the first three quarters of 2025, total revenue reached 1.217 billion yuan, reflecting a year-on-year decline of 6.62% [1] - Net profit for the first three quarters was 83.03 million yuan, a decrease of 33.54% year-on-year [1] - Basic earnings per share stood at 0.6 yuan [1] Market Impact - The decline in performance is attributed to the impact of market-oriented reforms in new energy pricing, leading some customers to delay or postpone project grid connections to avoid potential losses from price fluctuations [1] - The company faces downward pressure on product prices, which has resulted in reduced gross margins and further squeezed profit margins [1]